Rio Tinto Nears Arbitration Over $155M Mongolian Tax Bill
By Christopher Crosby ( March 19, 2018, 9:32 PM EDT) -- Mining company Rio Tinto and Mongolia could be headed for international arbitration after the company's Canadian subsidiary filed a formal notice of dispute regarding the valuation of a copper mine on the southeastern border, a move that gives the parties several months to resolve the country's recent claim that it's owed $155 million in back taxes. ...
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